Breaking the trend line (orange) will likely signal a move towards 100k. #Bitcoin #TrendLineBreak #100kTarget
Gold has broken the downward trend line of the past month, ascending to $2038 from the $2036 level. Looking ahead, the $2041 level, representing the Fibonacci 0.618 point on the 1-month chart, could serve as a resistance. In case of a retest of the broken trend line, the $2035 level may act as a support. Watching for potential price movements. #GoldPrice #TechnicalAnalysis #FibonacciResistance #TrendLineBreak #MarketUpdate